Question: Exercise 13-3 Computing and interpreting common-size percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 741,810 $ 494,540


Exercise 13-3 Computing and interpreting common-size percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 741,810 $ 494,540 $ 384,856 $ 268,192 $ 197,200 380,873 253,965 199,377 138,278 100,572 35,978 28,832 26,286 15,716 13,488 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: Trend percent 2019: 2018: 2017: 2016: OOOO Trend Percent for Cost of Goods Sold: 1 Choose Denominator: Choose Numerator: Trend percent 0 % 2019: 2018: 0 % 2017. Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: Trend percent 2019: 2018: 2017: 2016: = 0 % Trend Percent for Cost of Goods Sold: 1 Choose Denominator: Choose Numerator: Trend percent 2019: 2018: 0 % 2017: 2016: Trend Percent for Accounts Receivables: 1 Choose Denominator: Choose Numerator: Trend percent 2019: 2018: 2017: 2016: 0 %
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